Biden Administration Restores Stricter Environmental Reviews
WASHINGTON—The Biden administration is restoring stricter environmental standards for approving new pipelines, highways, power plants and other construction projects, including...
world issues
Biden Administration Resumes Oil Leases on Federal Land
WASHINGTON—The Biden administration announced lease sales for oil and gas drilling on federal land Friday, but said it would sharply...
China’s Latest Covid-19 Lockdowns Begin to Drag on the Economy
China’s strict Covid-19 lockdowns in Shanghai and other industrial hubs are beginning to weigh on its economy, with auto sales...
How High Energy Prices Could Help Both the Climate and the U.S.
The surge in global energy prices triggered by Russia’s invasion of Ukraine sure doesn’t seem like any sort of blessing....
Climate Disclosure Poses Thorny Questions for SEC as Rules Weighed
A key sticking point as the agency considers corporate rules is how much detail to demand about emissions produced by...
In Clampdown on U.S. Methane Emissions, Belching Cattle Get a Pass
Agriculture, just as big a source of methane, isn’t getting the same tough treatment. The Biden administration said it would...
Raskin Faces Senate Questions Over Views on Climate Change, Regulations
Sarah Bloom Raskin, President Biden’s nominee to become the government’s top bank regulator, defended her views on using financial regulation...
Software Provider Globalization Partners Gets Vista Equity Backing at $4.2 Billion Valuation
Globalization Partners, a software provider that helps businesses streamline the process of hiring employees internationally, has landed new backing from...
Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Exxon Mobil Corp. said it has set a goal to reduce or offset greenhouse-gas emissions from its operations to zero...
Full Recovery in Global Labor Market Could Take Years
It will take at least two years before global unemployment falls back to pre-pandemic levels, according to fresh projections, with...
China Seeks to Cushion Blow of Economic Pain as Momentum Slows
HONG KONG—Last year, Chinese policy makers shook up the world’s second-largest economy just as its rebound from the pandemic was...
China GDP Grew 8.1% in 2021, Though Momentum Slowed in Fourth Quarter
BEIJING—China’s economy expanded 8.1% last year as a pandemic-plagued world snapped up its goods, though slowing growth in the final...
Airlines Prepare for Busy Travel Week Amid Omicron Surge
The rapid spread of the Omicron variant is looming over holiday travel, but airports are getting busier as travelers try...
Brazil Grapples With Old Nemesis Inflation Amid Pandemic
SÃO PAULO—Inflation is surging in Brazil, forcing a country with one of the highest death rates from Covid-19 to grapple with...
Business Is the Game-Changer at COP26 in Glasgow
The 2015 Paris climate conference mostly involved governments pushing businesses to cut emissions. In Glasgow, businesses are the ones pushing...
How the Financial Sector Is Addressing Climate Change—And Why It Matters
The organizations that lend, invest and regulate the world’s money are taking on climate change. There was a flurry of...
Democrats Drop Paid Leave From $1.75 Trillion Proposal
WASHINGTON—Democrats abandoned plans to include a paid-leave program in their healthcare, education and climate-change bill, according to people familiar with...
IMF Cuts Global Growth Forecast Amid Supply-Chain Disruptions, Pandemic Pressures
WASHINGTON—Supply-chain disruptions and global health concerns spurred the International Monetary Fund to lower its 2021 growth forecast for the world...
Steelmakers Grapple With How to Cut Carbon Emissions
A recent shipment of 24 metric tons of Swedish steel could mark the beginning of what the steel industry hopes...
IPCC Climate Change Report Shows Less Cause for Panic—But More Urgency to Act
The conclusion of the latest report by the United Nations advisory body on climate—that temperatures are rising, and some effects...
